Wittchen reports lower sales: what it means for Wittchen stock
Published on 10/14/2026 at 07:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSSales and earnings timeline
- Wittchen reported PLN 106.2 million in third-quarter 2026 sales on October 2, 2026, down 11 percent year over year.
- The group recorded a PLN 4.7 million net loss in the first half of 2026.
- First-half sales reached PLN 190.5 million versus PLN 205.9 million a year earlier.
Wittchen stock faced a fresh sales setback after the group reported PLN 106.2 million in third-quarter 2026 revenue, down 11 percent year over year. Bankier.pl reported the estimate on October 2, 2026. The figure matters because it extends the company's 2026 sales decline into the third quarter.
What does the sales decline mean?
The third-quarter retail business generated PLN 96.7 million, down 10 percent year over year, while B2B revenue fell 21 percent to PLN 9.5 million. These figures show that the pressure reached both of Wittchen's main sales channels, rather than being limited to one customer group, according to Bankier.pl.
Three reported milestones
On September 24, 2026, Wittchen's first-half consolidated sales stood at PLN 190.5 million, compared with PLN 205.9 million in the first half of 2025. The same report showed a PLN 4.7 million net loss against a PLN 9.7 million profit a year earlier, according to BiznesRadar.
On September 25, 2026, management said the company saw improvement in the second part of the third quarter. The second quarter had produced PLN 0.4 million of net profit, compared with PLN 5.4 million a year earlier, while first-half EBITDA fell to PLN 14.6 million from PLN 29.3 million, as Bankier.pl reported.
Cash flow offsets the loss
Operating cash flow provided one constructive counterpoint in the first half of 2026. Wittchen generated PLN 17.6 million from operations, versus a negative PLN 0.1 million in the first half of 2025, according to Investing.com. For investors, the contrast between positive operating cash flow and weaker earnings is central to assessing whether the sales pressure is temporary or structural.
Wittchen stock facts
- Company: WITTCHEN S.A.
- ISIN: PLWTCHN00030
- Ticker: WTN
- Primary exchange: GPW
- Sector / Industry: Clothing and footwear
Market context: Market report WIG 20.
